11th Feb 2014 15:26
LONDON (Alliance News) - Chaarat Gold Holdings Limited Tuesday said Vetan Investments Limited, a company connected to Executive Director Alexander Novak, completed the purchase of 1.3 million shares at a price of 10 pence per share last Thursday.
Following this transaction, Novak has a beneficial interest in 12.4 million shares representing approximately 4.94% of Chaarat's issued share capital.
The company also said Non-Executive Director Richard Rae bought 200,000 shares at 9.7 pence each
last Tuesday.
Shares in the gold minming company were up 5.6% at 9.83 pence Tuesday.
By Arvind Bhunjun; [email protected]; @ArvindBhunjun
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